Ontario Tax Sale Property

All tax sales on: 24 Jan 2015
All tax sales from: City of Cambridge

Sale of Lands for Tax Arrears
by Public Tender

SALE OF LAND BY PUBLIC TENDER
THE CORPORATION OF THE CITY OF CAMBRIDGE more info        

TAKE NOTICE that tenders are invited for the purchase of the land(s) described below and will be received until 3:00 p.m. local time
Description of Land(s):

1. Roll Number: 3006 040 028 01000 0000; Municipal Address: 1 Imperial Lane; Legal Description: Plan D7 Part Lot 25
Minimum Tender Amount: $92,657.38  

2. Roll Number: 3006 040 028 09800 0000; Municipal Address: 61 Water Street South; Legal Description: Plan 615 Pt Lot 2 W/S Ainslie Pt Lot 5 E/S Water RP67R2219 Parts 4 and 5
Minimum Tender Amount: $54,872.20  

3. Roll Number: 3006 100 022 01800 0000; Municipal Address: 514 Westminster Drive South; Legal Description: Plan 176 Lot 32
Minimum Tender Amount: $117,122.20  

4. Roll Number: 3006 150 020 15900 0000; Municipal Address: 0 Townline Road; Legal Description: Tract German Company Pt Lt 128
Minimum Tender Amount: $10,912.60  

5. Roll Number: 3006 090 004 09100 0000; Municipal Address: 0 Bishop Street North; Legal Description: Plan 271 Pt Lot 26
Minimum Tender Amount: $273,785.80  

Tenders must be submitted in the prescribed form and must be accompanied by a deposit in the form of a money order or of a bank draft or cheque certified by a bank or trust corporation payable to the municipality and representing at least 20 per cent of the tender amount.
Except as follows, the municipality makes no representation regarding the title to or any other matters relating to the land to be sold. Responsibility for ascertaining these matters rests with the potential purchasers.
This sale is governed by the Municipal Act, 2001 and the Municipal Tax Sales Rules made under that Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes and the relevant land transfer tax.
The municipality has no obligation to provide vacant possession to the successful purchaser.
For further information regarding this sale and a copy of the prescribed form of tender contact:
Nancy Reay,
Manager of Tax and Water
The Corporation of the City of Cambridge
50 Dickson Street 4th Floor
P.O. Box 669
Cambridge, Ontario N1R 8S1